The U.S. Federal Trade Commission said on Monday it will seek to stop the merger of DraftKings and FanDuel, because the combined company would control more than 90 percent of the U.S. market for paid daily fantasy sports contests.
A Walmart (NYSE:WMT) executive told FOX Business late Friday the world's biggest retailer has never been interested in making a bid for Whole Foods Market (NASDAQ:WFM), removing a possible suitor for the struggling upscale grocer that Amazon (NASDAQ:AMZN) said last week it would buy in a $13.7 billion deal.
The $13.7 billion deal has yet to be signed and sealed, so there’s still time for other competitors to ignite a bidding war for the struggling grocery chain…the question is: Will the effort be worth it?
BERLIN -- Harley-Davidson Inc. is in talks to buy Ducati Motor Holding SpA from Germany's Volkswagen AG in a deal that could bring together two of the most storied motorcycle names and pave the way for further divestments by the German car maker.
The proposed merger between Rite Aid and Walgreens Boots Alliance will come to a vote at the FTC next week.
The Irish government has sold 25 percent of Allied Irish Banks' shares, eight years after nationalizing the firm amid the financial crisis.
The Chinese owner of Sweden's Volvo Cars says it has signed the final contract to buy a stake in Malaysian automaker Proton, gaining a platform to expand in Southeast Asia.
Qatar Airways is attempting to buy a 10 percent stake in American Airlines, triggering U.S. antitrust oversight over deals of such size.
The prospect of a big federal government ramp-up in infrastructure spending has helped lift shares in companies that may play a role in overhauling the nation's crumbling roads, bridges, and airports.
Private equity firm Sycamore Partners is in advanced talks to acquire Staples Inc following an auction for the U.S. office supplies retailer, people familiar with the matter told Reuters, in a deal that could top $6 billion.
A federal judge in Delaware has blocked a Utah-based nuclear waste disposal company from buying a Texas-based competitor.
June 21 (Reuters) - Private equity firm Sycamore Partners is in advanced talks to acquireStaples Inc following an auction for the U.S. office supplies retailer, people familiar with the matter said on Wednesday, in a deal that could top $6 billion.
A federal judge has temporarily halted the planned merger between daily fantasy sports companies FanDuel and DraftKings.
Diageo PLC has agreed to buy George Clooney's high-end tequila brand Casamigos in a deal that values it at up to $1 billion, as the world's largest spirits company seeks to boost its presence in a high-growth market.
Harley-Davidson is reportedly preparing an offer to acquire Ducati, the Italian motorcycle rival owned by Volkswagen.
Brazilian meatpacking giant JBS has announced a $1.8 billion divestment plan to reduce its debt and financial leverage.
Private-equity firm Pamplona Capital Management has reached a deal to buy Parexel International Corp. for $4.6 billion, the latest in a series of mergers among drug-research firms
After Amazon.com completes its takeover of high-end grocer Whole Foods Market, it might launch another brand with different standards, the grocery chain's chief executive said.
A bankruptcy filing by Japanese air bag maker Takata will leave little money for dozens of people who sued the company over deaths and injuries caused by its exploding air bag inflators, according to outside legal experts and lawyers suing the company.
The Federal Trade Commission is seeking to block the merger of FanDuel and DraftKings, the two largest daily fantasy sports sites.